MacroScan is a website managed by the
Economic Research Foundation, New Delhi, seeking to provide an alternative to
conservative and mainstream positions in economics. It
undertakes and disseminates analyses, by professional
economists, of the Indian and global economy that are
informed by the perspective that:
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distributive justice should be a primary goal
of economic policy
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socio-economic structures are important in
determining economic outcomes
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markets are not always benign
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globalisation as it occurs today is
inequalising and is a challenge to sovereignty in
economic policy-making
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state intervention and regulation are crucial
for improving overall welfare.
MacroScan also seeks to build capacities to
undertake such analyses in order to strengthen those
advocating an alternative economic paradigm. Towards
this end it has built a comprehensive database on the
Indian economy. The database includes time series
information dating from as early as the 1950s, on a host
of variables in the areas of national accounts, money
supply, public finance, prices, agricultural and
industrial production, trade and the balance of
payments. All the data series available in the database
are listed under different heads to make access easier.
Further, MacroScan provides analytical surveys of recent
macroeconomic trends, regular updates on economic
issues, and comprehensive economic reports.